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March 31, 2021

Projections March 2021 (CEP 2021), figures


After the decrease in GDP that was caused by the second wave of the coronavirus, economic recovery is gradually gaining momentum in the second quarter. Growth is projected to accelerate in the second half of the year, increasing GDP by 2.2% in 2021 and 3.5% in 2022. By the end of 2021, it will be above the level of late 2019 again. These projections are based on the government's current policy intentions according to which financial support measures will expire at the end of June. Consumption will increase strongly once shops and restaurants fully reopen and consumer fears of becoming infected diminish as more people are vaccinated. The sharp increase in savings during the coronavirus-induced recession will allow for a strong growth in consumption. Investments will show a positive response to the increase in sales and the more favourable revenue expectations, supported by low financing costs. However, investment growth will be dampened by additional bankruptcies in certain sectors after termination of the support policy and as a result of the damage to the balance sheet suffered by companies during the virus outbreak.

March 31, 2021

Actualisatie MLT-raming maart 2021, cijfers

Figure (in Dutch only)

Naast het Centraal Economisch Plan 2021 is vandaag een actualisatie van de middellangetermijnverkenning gepubliceerd. Deze biedt een doorkijk naar 2022-2025 en kan worden gebruikt voor de doorrekening van het regeerakkoord.

March 25, 2021

World Trade Monitor January 2021


World merchandise trade continued to grow in January 2021, with 2.6% compared to December 2020, leading to the highest level of world trade since October 2018.

Image for World Trade Monitor January 2021
February 25, 2021

World Trade Monitor December 2020


With an increase of 0.6% in December 2020 (compared to November), world trade exceeds the level of early 2020. The loss due to the COVID pandemic in the first half of 2020, has been made up for with a growth of 1.3% over the whole of 2020.

Image for World Trade Monitor December 2020
January 25, 2021

World Trade Monitor November 2020


World trade volume increased 2.1% in November 2020 compared to October, following an increase of 0.7% in October and seems to be unaffected by COVID measures. With this, the world trade volume is slightly higher than at the end of 2019, pre-COVID.

Image for World Trade Monitor November 2020
December 24, 2020

World Trade Monitor October 2020


In October 2020, world trade grew again by 0.7% compared to September 2020. Due to continued growth in world trade since June, trade growth is still about 0.7% below the level at the end of 2019. The growth in October is, however, a lot lower than in September, when world trade increased by 2.7%.

Image for World Trade Monitor October 2020
November 26, 2020

Projections November 2020, figures


Under the baseline projections, which assume the coronavirus will be under control in both the Netherlands and other European countries in the first half of next year, the Dutch economy will grow in 2021 by nearly 3%, following a contraction of over 4% in 2020. Unemployment will increase to more than 6% in 2021, affecting particularly young people, employees on a flexible employment contract and self-employed independents. The currently projected economic growth rates are slightly higher for 2020 and slightly lower for 2021 than those in the projections published on 15 September (Prinsjesdag), due to the unexpectedly stronger recovery in the third quarter of 2020 and the second corona wave, respectively.

November 26, 2020

Actualisatie MLT-raming november 2020, cijfers

Figure (in Dutch only)

De economie herstelt geleidelijk van de corona-recessie.

November 25, 2020

CPB World Trade Monitor September 2020


World trade recovery slowed down in September.

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October 23, 2020

CPB World Trade Monitor August 2020


Rebound in world trade continues. In August 2020 world trade grew again, by 2.5%, compared to July 2020.

Image for CPB World Trade Monitor August 2020